Iraq Falls in Ease of Doing Business Index

By John Lee.

Iraq has been ranked 168th out of 190 countries in the World Bank‘s recent Doing Business 2018 report, down from 165th place the previous year.

Despite the fall in the rankings, the report notes that over the previous year Iraq simplified the process of starting a business by combining multiple registration procedures and reducing the time to register a company, and it launched a new credit registry, improving access to credit information.

Top of the list were New Zealand, Singapore and Denmark, with last place going to Somalia, just behind Eritrea and Venezuela. Iran ranked 124th, with Libya 185th.

Doing Business measures regulations affecting 11 areas of the life of a business. Ten of these areas are included in this year’s ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. Doing Business also measures labor market regulation, which is not included in this year’s ranking.

(Source: World Bank)

One Response to Iraq Falls in Ease of Doing Business Index

  1. Ibn Al IRaq December 13, 2017 at 11:31 am #

    Sirs,

    Congratulation to Iraq and Dr Sami Al Araji!!

    Iraq’s ranking is a disaster and responsible politicians should be ashamed and resign if they cant deliver changes!

    What did Dr Sami achieve since he became chairman of the so called ” Iraq Investment Commission” for more than eight years now !!! He is damn good at given speeches and traveling at Iraq’s cost.

    He should be replaced with a fresh blood. An expert and a patriotic person should lead this strategic position and make major changes and improvements to attract investors and eliminate more barriers on the way.

    GOD bless Iraq

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